TMC the metals (NASDAQ:TMC) Price Target Raised to $11.75

TMC the metals (NASDAQ:TMC) had its target price increased by HC Wainwright from $7.50 to $11.75 in a research report sent to investors on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

TMC has been the topic of a number of other research reports. Wedbush restated an “outperform” rating and set a $11.00 price target on shares of TMC the metals in a report on Thursday. Zacks Research upgraded TMC the metals from a “strong sell” rating to a “hold” rating in a report on Thursday, November 13th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of TMC the metals in a research report on Wednesday. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.38.

TMC the metals Price Performance

Shares of TMC the metals stock opened at $9.44 on Friday. The firm has a market cap of $3.90 billion, a price-to-earnings ratio of -12.26 and a beta of 1.85. TMC the metals has a 52-week low of $1.42 and a 52-week high of $11.35. The stock has a 50-day simple moving average of $6.92 and a 200-day simple moving average of $6.62.

TMC the metals (NASDAQ:TMC) last released its quarterly earnings data on Thursday, November 13th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.08). As a group, equities research analysts predict that TMC the metals will post -0.22 earnings per share for the current year.

Insider Transactions at TMC the metals

In related news, insider Anthony O’sullivan sold 50,000 shares of the company’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $6.77, for a total transaction of $338,500.00. Following the completion of the transaction, the insider directly owned 2,025,667 shares in the company, valued at $13,713,765.59. This represents a 2.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 27.60% of the company’s stock.

Institutional Investors Weigh In On TMC the metals

Several hedge funds have recently made changes to their positions in the stock. Jump Financial LLC acquired a new stake in TMC the metals during the second quarter worth $6,216,000. UBS Group AG lifted its holdings in shares of TMC the metals by 869.6% during the 3rd quarter. UBS Group AG now owns 630,757 shares of the company’s stock worth $4,018,000 after acquiring an additional 712,717 shares during the period. Old West Investment Management LLC boosted its position in shares of TMC the metals by 49.6% during the 3rd quarter. Old West Investment Management LLC now owns 1,997,238 shares of the company’s stock valued at $12,722,000 after acquiring an additional 662,200 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in TMC the metals in the second quarter valued at about $3,133,000. Finally, Swiss National Bank bought a new stake in TMC the metals in the second quarter valued at about $2,940,000. Institutional investors own 4.39% of the company’s stock.

Key Headlines Impacting TMC the metals

Here are the key news stories impacting TMC the metals this week:

• Positive Sentiment: TMC’s U.S. subsidiary submitted a consolidated NOAA application expanding its expected commercial recovery permit area to ~65,000 km² in the Clarion‑Clipperton Zone — a material step toward securing permits needed for large‑scale nodule recovery. TMC USA Files First Consolidated Deep-Seabed Mining Application
• Positive Sentiment: HC Wainwright raised its price target to $11.75 and moved to a “buy” rating, signaling institutional optimism and providing fresh analyst support for upside. HC Wainwright Price Target Raise
• Positive Sentiment: Wedbush reaffirmed an “outperform” rating with an $11 target, adding to the analyst momentum behind the stock. Wedbush Rating
• Positive Sentiment: A Seeking Alpha analysis highlights a large resource base and economic studies valuing TMC projects at an after‑tax NPV (~$23.6B) well above current market cap, underpinning bullish investor narratives about long‑term value. TMC: Ride Path To Deep-Sea Mining Success
• Positive Sentiment: Bloomberg Law reports TMC prevailed in a suit over its debt accounting fix — a legal win that reduces near‑term corporate governance/legal overhang. TMC Beats Investor Suit
• Neutral Sentiment: Unusually large options activity (≈55,600 calls) indicates speculative or directional interest from traders; this can amplify moves but is not a fundamental change.
• Neutral Sentiment: Policy headlines on the potential to speed U.S. deep‑sea mining permits create a favorable regulatory backdrop but timing and rulemaking remain uncertain. Streamlined U.S. Deep-Sea Mining Permits

About TMC the metals

TMC the metals company Inc, a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean. Its products are used in electric vehicles (EV), renewable energy storage markets, EV wiring, energy transmission, manganese alloy production required for steel production, and other applications.